KLSE:ASIAFLE

Stock Analysis Report

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Market Cap

RM475.2m

Last Updated

2021/06/14 16:02 UTC

Data Sources

Company Financials

Executive Summary

Asia File Corporation Bhd., an investment holding company, engages in the manufacturing and marketing of filing and stationery products in Malaysia. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Asia File Corporation Bhd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASIAFLE is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ASIAFLE's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

4.7%

ASIAFLE

-2.5%

MY Commercial Services

0.1%

MY Market


1 Year Return

35.6%

ASIAFLE

84.1%

MY Commercial Services

10.5%

MY Market

Return vs Industry: ASIAFLE underperformed the MY Commercial Services industry which returned 79.5% over the past year.

Return vs Market: ASIAFLE exceeded the MY Market which returned 8.5% over the past year.


Shareholder returns

ASIAFLEIndustryMarket
7 Day4.7%-2.5%0.1%
30 Day2.5%1.9%-0.09%
90 Day6.1%-18.4%-2.9%
1 Year35.6%35.6%86.6%84.1%14.3%10.5%
3 Year-2.9%-10.9%145.4%132.6%4.0%-5.8%
5 Year-30.1%-41.9%154.5%126.2%15.9%-3.5%

Long-Term Price Volatility Vs. Market

How volatile is Asia File Corporation Bhd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Asia File Corporation Bhd undervalued compared to its fair value and its price relative to the market?

10.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ASIAFLE (MYR2.44) is trading above our estimate of fair value (MYR2.13)

Significantly Below Fair Value: ASIAFLE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ASIAFLE is good value based on its PE Ratio (10.2x) compared to the MY Commercial Services industry average (28.6x).

PE vs Market: ASIAFLE is good value based on its PE Ratio (10.2x) compared to the MY market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ASIAFLE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASIAFLE is good value based on its PB Ratio (0.7x) compared to the MY Commercial Services industry average (1.2x).


Future Growth

How is Asia File Corporation Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.2%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Asia File Corporation Bhd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Asia File Corporation Bhd performed over the past 5 years?

-13.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASIAFLE has high quality earnings.

Growing Profit Margin: ASIAFLE's current net profit margins (18.1%) are higher than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: ASIAFLE's earnings have declined by 13.5% per year over the past 5 years.

Accelerating Growth: ASIAFLE's earnings growth over the past year (26.5%) exceeds its 5-year average (-13.5% per year).

Earnings vs Industry: ASIAFLE earnings growth over the past year (26.5%) exceeded the Commercial Services industry -8.3%.


Return on Equity

High ROE: ASIAFLE's Return on Equity (6.9%) is considered low.


Financial Health

How is Asia File Corporation Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: ASIAFLE's short term assets (MYR433.0M) exceed its short term liabilities (MYR69.2M).

Long Term Liabilities: ASIAFLE's short term assets (MYR433.0M) exceed its long term liabilities (MYR18.3M).


Debt to Equity History and Analysis

Debt Level: ASIAFLE's debt to equity ratio (3.8%) is considered satisfactory.

Reducing Debt: ASIAFLE's debt to equity ratio has reduced from 5.5% to 3.8% over the past 5 years.

Debt Coverage: ASIAFLE's debt is well covered by operating cash flow (177.3%).

Interest Coverage: ASIAFLE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Asia File Corporation Bhd current dividend yield, its reliability and sustainability?

0.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ASIAFLE's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.43%).

High Dividend: ASIAFLE's dividend (0.61%) is low compared to the top 25% of dividend payers in the MY market (3.96%).


Stability and Growth of Payments

Stable Dividend: ASIAFLE is not paying a notable dividend for the MY market, therefore no need to check if payments are stable.

Growing Dividend: ASIAFLE is not paying a notable dividend for the MY market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ASIAFLE is not paying a notable dividend for the MY market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ASIAFLE's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.3yrs

Average management tenure


CEO

Soon Lim (64 yo)

no data

Tenure

RM1,139,000

Compensation

Mr. Lim Soon Huat serves as the Chief Executive Officer of Asia File Products Sdn. Bhd. Mr. Lim has been the Non-Independent Executive Chairman of Asia File Corporation Bhd., since July 16, 2001 and serves...


CEO Compensation Analysis

Compensation vs Market: Soon's total compensation ($USD277.08K) is above average for companies of similar size in the MY market ($USD140.47K).

Compensation vs Earnings: Soon's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ASIAFLE's management team is seasoned and experienced (14.3 years average tenure).


Board Members

Experienced Board: ASIAFLE's board of directors are seasoned and experienced ( 14.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Asia File Corporation Bhd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asia File Corporation Bhd.
  • Ticker: ASIAFLE
  • Exchange: KLSE
  • Founded: 1994
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: RM475.212m
  • Shares outstanding: 194.76m
  • Website: https://www.asia-file.com

Location

  • Asia File Corporation Bhd.
  • Plot 16
  • Kawasan Perindustrian Bayan Lepas
  • Bayan Lepas
  • Pulau Pinang
  • 11900
  • Malaysia

Listings


Biography

Asia File Corporation Bhd., an investment holding company, engages in the manufacturing and marketing of filing and stationery products in Malaysia. The company offers plastic folders, sheet protectors, fl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/14 16:02
End of Day Share Price2021/06/14 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.